$2,200,000

Residential Income In Santa Ana

  • 13 Beds
  • 10 Baths
  • 7,800 Sqft
  • 8,945 Sqft lot
  • Updated: April 14
  • Source:
    The MLS (CLAW)  MLS#26713283

About the Property

Opportunity to acquire a 9-unit multifamily asset in central Orange County, featuring spacious one- and two-bedroom units averaging 867 SF. With rents resettable to market upon vacancy under Santa Ana Rent Control, the property is positioned to exceed a 7% market cap rate. Located in an Opportunity Zone with recent capital improvements including a new roof, updated windows, and a passed SB 721 ins
Opportunity to acquire a 9-unit multifamily asset in central Orange County, featuring spacious one- and two-bedroom units averaging 867 SF. With rents resettable to market upon vacancy under Santa Ana Rent Control, the property is positioned to exceed a 7% market cap rate. Located in an Opportunity Zone with recent capital improvements including a new roof, updated windows, and a passed SB 721 inspection. Community amenities include on-site laundry and 9 garage spaces. Conveniently located near the 5 Freeway, N. Flower St., and W. Washington Ave.
  • Property type

    Other

  • Floors

    2

  • Year built

    1959

  • Price/sqft

    $282

Features

  • Garage
  • Laundry Room

Explore the Area

1027 N Parton Street, Santa Ana, California, United States View on Google Maps
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CB Richard Ellis, Inc. - Los Angeles

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CB Richard Ellis, Inc. - Los Angeles
California, United States
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20
Listings
2025
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CB Richard Ellis, Inc. - Los Angeles
Los Angeles, California, United States
View agency profile
Last updated
April 14
First listed
Apr 14
Listing reference
26713283
Listing status
Active under contract
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